It a short term strategy looking for a range breakout. The Strategy focusses on the GBPUSD and can be used in other markets as well. We wait for the setting or creation of the initial balance period i.e. the first hour of trading. this is set as 8h00 GMT to 09h00 GMT. Once the range or HiGH-Low has been set for the period. the Strategy places a BUY stop above the HIGH and a Sell Stop below .